ATELIER VAN GASTEL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ATELIER VAN GASTEL
Largest movements
- Stocks and contracts +€19,907
up €19,907 (+27.2%), from €73,146 to €93,053
- Receivables within one year +€17,937
up €17,937 (+38.6%), from €46,475 to €64,412
of which Other amounts receivable: +€15,660
- Cash -€15,013
down €15,013 (-19.1%), from €78,632 to €63,619
mainly Stocks and contracts (-€19,907) and Receivables within one year (-€17,937)
- Tangible fixed assets -€14,031
down €14,031 (-17.0%), from €82,755 to €68,724
of which Land and buildings: -€9,088
- Reserves +€15,039
up €15,039 (+6.0%), from €252,385 to €267,424
of which Distributable reserves: +€15,039
- Gross operating margin +€32,563
up €32,563 (+22.8%), from €142,609 to €175,173
- Depreciation -€11,482
down €11,482 (-45.0%), from €25,513 to €14,031
- Staff costs -€10,194
down €10,194 (-7.5%), from €135,388 to €125,194
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €806,927 | €812,449 | +€5,522 | +0.7% |
| Fixed assets | 21/28 | €82,905 | €68,874 | -€14,031 | -16.9% |
| Tangible fixed assets | 22/27 | €82,755 | €68,724 | -€14,031 | -17.0% |
| Land and buildings | 22 | €70,827 | €61,739 | -€9,088 | -12.8% |
| Plant, machinery and equipment | 23 | €1,033 | €710 | -€324 | -31.3% |
| Furniture and vehicles | 24 | €10,894 | €6,275 | -€4,619 | -42.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €724,022 | €743,575 | +€19,553 | +2.7% |
| Amounts receivable after more than one year | 29 | €522,928 | €517,847 | -€5,081 | -1.0% |
| Other amounts receivable | 291 | €522,928 | €517,847 | -€5,081 | -1.0% |
| Stocks and contracts in progress | 3 | €73,146 | €93,053 | +€19,907 | +27.2% |
| Stocks | 30/36 | €73,146 | €93,053 | +€19,907 | +27.2% |
| Amounts receivable within one year | 40/41 | €46,475 | €64,412 | +€17,937 | +38.6% |
| Trade receivables | 40 | €42,896 | €45,173 | +€2,277 | +5.3% |
| Other amounts receivable | 41 | €3,579 | €19,239 | +€15,660 | +438% |
| Cash at bank and in hand | 54/58 | €78,632 | €63,619 | -€15,013 | -19.1% |
| Deferred charges and accrued income | 490/1 | €2,842 | €4,644 | +€1,802 | +63.4% |
| Total equity and liabilities | 10/49 | €806,927 | €812,449 | +€5,522 | +0.7% |
| Equity | 10/15 | €452,385 | €467,424 | +€15,039 | +3.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €252,385 | €267,424 | +€15,039 | +6.0% |
| Non-distributable reserves | 130/1 | €30,987 | €30,987 | = | 0.0% |
| Legal reserve | 130 | €30,987 | €30,987 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,835 | €48,835 | = | 0.0% |
| Distributable reserves | 133 | €172,563 | €187,603 | +€15,039 | +8.7% |
| Amounts payable | 17/49 | €354,542 | €345,025 | -€9,517 | -2.7% |
| Amounts payable after more than one year | 17 | €44,506 | €37,541 | -€6,965 | -15.6% |
| Financial debts | 170/4 | €44,506 | €37,541 | -€6,965 | -15.6% |
| Amounts payable within one year | 42/48 | €309,884 | €307,208 | -€2,675 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €32,344 | €24,965 | -€7,379 | -22.8% |
| Financial debts | 43 | €150,000 | €150,054 | +€54 | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,054 | +€54 | 0.0% |
| Trade debts | 44 | €89,951 | €94,188 | +€4,237 | +4.7% |
| Suppliers | 440/4 | €89,951 | €94,188 | +€4,237 | +4.7% |
| Taxes, remuneration and social security | 45 | €37,589 | €38,001 | +€412 | +1.1% |
| Taxes | 450/3 | €17,191 | €13,817 | -€3,375 | -19.6% |
| Remuneration and social security | 454/9 | €20,397 | €24,185 | +€3,787 | +18.6% |
| Accrued charges and deferred income | 492/3 | €152 | €275 | +€123 | +81.0% |
| Remuneration, social security and pensions | 62 | €135,388 | €125,194 | -€10,194 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,513 | €14,031 | -€11,482 | -45.0% |
| Other operating charges | 640/8 | €2,147 | €1,269 | -€878 | -40.9% |
| Non-recurring operating charges | 66A | €2,502 | €0 | -€2,502 | -100% |
| Gross operating margin | 9900 | €142,609 | €175,173 | +€32,563 | +22.8% |
| Operating profit (loss) | 9901 | -€22,940 | €34,679 | +€57,619 | |
| Financial income | 75/76B | €227 | €1,129 | +€903 | +398% |
| Recurring financial income | 75 | €227 | €1,129 | +€903 | +398% |
| Financial charges | 65/66B | €21,873 | €20,234 | -€1,639 | -7.5% |
| Recurring financial charges | 65 | €21,873 | €20,234 | -€1,639 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,586 | €15,575 | +€60,161 | |
| Income taxes | 67/77 | €582 | €536 | -€47 | -8.0% |
| Profit (loss) for the period | 9904 | -€45,168 | €15,039 | +€60,207 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,168 | €15,039 | +€60,207 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.